In past two days, this scrip has jumped 35%. From open of 30.8 on Wed to close at high of 42.4 (Upper circuit hit)
Breakout is with a very strong volume
27 NOV 274388
26 NOV 107932
25 NOV 19378
Average volume upto and as at 25 NOV was mere 22594
Neither dividend is announced nor is bonus announced. About the only significant news I can find is that compay showed profit on books.
After it hit upper circuit, there were no sellers.
I do hold equity in this stock and want to know
(a) Is it better to hold?
(b) What are the dangers that I need t o watch out for
As of now, I have some personal issues so I do not trade during the day but do watch market when I get a chance
Breakout is with a very strong volume
27 NOV 274388
26 NOV 107932
25 NOV 19378
Average volume upto and as at 25 NOV was mere 22594
Neither dividend is announced nor is bonus announced. About the only significant news I can find is that compay showed profit on books.
After it hit upper circuit, there were no sellers.
I do hold equity in this stock and want to know
(a) Is it better to hold?
(b) What are the dangers that I need t o watch out for
As of now, I have some personal issues so I do not trade during the day but do watch market when I get a chance